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NASDAQ:UCTT

Ultra Clean - UCTT Stock Forecast, Price & News

$33.28
+0.97 (+3.00%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$31.99
$33.75
50-Day Range
$26.99
$36.09
52-Week Range
$26.00
$60.84
Volume
261,597 shs
Average Volume
425,608 shs
Market Capitalization
$1.51 billion
P/E Ratio
19.02
Dividend Yield
N/A
Price Target
$47.75

Ultra Clean MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.5% Upside
$47.75 Price Target
Short Interest
Healthy
2.55% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.29mentions of Ultra Clean in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$49,815 Sold Last Quarter
Proj. Earnings Growth
19.07%
From $3.88 to $4.62 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.03 out of 5 stars

Computer And Technology Sector

38th out of 660 stocks

Semiconductors & Related Devices Industry

8th out of 97 stocks

UCTT stock logo

About Ultra Clean (NASDAQ:UCTT) Stock

Ultra Clean Holdings, Inc. develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system. It also offers various industrial and automation production equipment; fluid delivery systems consist of one or more chemical delivery units, including PFA tubing, filters, flow controllers, regulators, component heaters, and an integrated electronic and/or pneumatic control system; precision robotic systems; top-plate assemblies; frame assemblies; process modules, a subsystem of semiconductor manufacturing tools that process integrated circuits onto wafers; and other high-level assemblies. In addition, the company provides tool chamber parts cleaning and coating services; micro-contamination analysis services for tool parts, wafers and depositions, chemicals, cleanroom materials, deionized water, and airborne molecular contamination; and analytical verification services for process tool chamber part cleaning. It primarily serves original equipment manufacturing customers in the semiconductor capital equipment and semiconductor integrated device manufacturing industries, as well as display, consumer, medical, energy, industrial, and research equipment industries. The company was founded in 1991 and is headquartered in Hayward, California.

Analysts Set New Price Targets

A number of research analysts have weighed in on UCTT shares. DA Davidson reduced their target price on Ultra Clean from $80.00 to $65.00 in a report on Thursday, April 28th. TheStreet lowered shares of Ultra Clean from a "b-" rating to a "c+" rating in a report on Friday, July 29th. Needham & Company LLC decreased their price objective on shares of Ultra Clean from $45.00 to $42.00 and set a "buy" rating on the stock in a research report on Friday, July 29th. Cowen dropped their target price on shares of Ultra Clean from $54.00 to $42.00 in a research report on Monday, August 1st. Finally, Cowen decreased their price target on shares of Ultra Clean to $42.00 in a report on Tuesday, August 9th.

Ultra Clean Price Performance

Shares of UCTT Stock traded up $0.97 during trading hours on Thursday, hitting $33.28. 261,597 shares of the company's stock were exchanged, compared to its average volume of 425,608. The company has a market capitalization of $1.51 billion, a PE ratio of 19.02 and a beta of 1.96. The company has a current ratio of 2.81, a quick ratio of 1.79 and a debt-to-equity ratio of 0.59. Ultra Clean has a 12-month low of $26.00 and a 12-month high of $60.84. The business's 50 day simple moving average is $31.44 and its 200-day simple moving average is $36.38.

Ultra Clean (NASDAQ:UCTT - Get Rating) last posted its quarterly earnings results on Thursday, July 28th. The semiconductor company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.11. The business had revenue of $608.70 million during the quarter, compared to the consensus estimate of $590.84 million. Ultra Clean had a net margin of 3.42% and a return on equity of 20.19%. The firm's revenue for the quarter was up 18.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 earnings per share. On average, equities research analysts anticipate that Ultra Clean will post 3.88 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Jacqueline A. Seto sold 1,460 shares of the company's stock in a transaction on Friday, May 27th. The shares were sold at an average price of $34.12, for a total transaction of $49,815.20. Following the completion of the sale, the director now directly owns 11,809 shares in the company, valued at approximately $402,923.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 2.10% of the company's stock.

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UCTT Stock News Headlines

Ultra Clean (NASDAQ:UCTT) Price Target Cut to $42.00
Cowen Lowers Ultra Clean (NASDAQ:UCTT) Price Target to $42.00
Ultra Clean (UCTT) to Release Earnings on Thursday
Ultra Clean Holdings Q1 2022 Earnings Preview
See More Headlines
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UCTT Company Calendar

Last Earnings
7/28/2022
Today
8/18/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:UCTT
CUSIP
90385V10
Employees
7,066
Year Founded
1991

Price Target and Rating

Average Stock Price Forecast
$47.75
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$42.00
Forecasted Upside/Downside
+43.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$119.50 million
Pretax Margin
5.29%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$5.33 per share
Book Value
$19.71 per share

Miscellaneous

Free Float
44,477,000
Market Cap
$1.51 billion
Optionable
Optionable
Beta
1.96

Social Links


Key Executives

  • Mr. James P. Scholhamer (Age 56)
    CEO & Director
    Comp: $1.52M
  • Ms. Sheri L. SavageMs. Sheri L. Savage (Age 51)
    Sr. VP of Fin. & CFO
    Comp: $919.04k
  • Mr. Vijayan S. ChinnasamiMr. Vijayan S. Chinnasami (Age 56)
    Chief Operating Officer
    Comp: $1.13M
  • Mr. William Joseph WilliamsMr. William Joseph Williams (Age 49)
    Pres of Products Division
    Comp: $736.83k
  • Mr. William C. Bentinck (Age 61)
    Pres of Services Division
    Comp: $724.55k
  • Mr. Brian E. Harding CPA (Age 41)
    Chief Accounting Officer
  • Mr. Jeff McKibben (Age 59)
    Chief Information Officer
  • Ms. Rhonda M. Bennetto B.B.A.
    Sr. VP of Investor Relations
  • Mr. Yoonku Cho (Age 44)
    Gen. Counsel & Corp. Sec.
  • Cheryl Knepfler
    Managing Director of Marketing













UCTT Stock - Frequently Asked Questions

Should I buy or sell Ultra Clean stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ultra Clean in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" UCTT shares.
View UCTT analyst ratings
or view top-rated stocks.

What is Ultra Clean's stock price forecast for 2022?

2 equities research analysts have issued 12-month price objectives for Ultra Clean's shares. Their UCTT share price forecasts range from $42.00 to $65.00. On average, they predict the company's stock price to reach $47.75 in the next twelve months. This suggests a possible upside of 43.5% from the stock's current price.
View analysts price targets for UCTT
or view top-rated stocks among Wall Street analysts.

How have UCTT shares performed in 2022?

Ultra Clean's stock was trading at $57.36 on January 1st, 2022. Since then, UCTT shares have decreased by 42.0% and is now trading at $33.28.
View the best growth stocks for 2022 here
.

When is Ultra Clean's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our UCTT earnings forecast
.

How were Ultra Clean's earnings last quarter?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) released its quarterly earnings data on Thursday, July, 28th. The semiconductor company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.93 by $0.11. The semiconductor company earned $608.70 million during the quarter, compared to analyst estimates of $590.84 million. Ultra Clean had a net margin of 3.42% and a trailing twelve-month return on equity of 20.19%. The firm's revenue was up 18.1% on a year-over-year basis. During the same period last year, the company earned $0.92 EPS.

What guidance has Ultra Clean issued on next quarter's earnings?

Ultra Clean updated its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $0.94-$1.18 for the period, compared to the consensus estimate of $1.23. The company issued revenue guidance of $585.00 million-$645.00 million, compared to the consensus revenue estimate of $628.38 million.

What is Jim Scholhamer's approval rating as Ultra Clean's CEO?

35 employees have rated Ultra Clean Chief Executive Officer Jim Scholhamer on Glassdoor.com. Jim Scholhamer has an approval rating of 56% among the company's employees. This puts Jim Scholhamer in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Ultra Clean own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ultra Clean investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Intelsat (I), Bank of America (BAC), Block (SQ), AMC Entertainment (AMC), Hello Group (MOMO), Cypress Semiconductor (CY) and Fossil Group (FOSL).

What is Ultra Clean's stock symbol?

Ultra Clean trades on the NASDAQ under the ticker symbol "UCTT."

Who are Ultra Clean's major shareholders?

Ultra Clean's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (3.32%), Paradigm Capital Management Inc. NY (2.96%), Divisar Capital Management LLC (2.44%), Royce & Associates LP (1.84%), Vaughan Nelson Investment Management L.P. (1.33%) and Northern Trust Corp (1.11%). Insiders that own company stock include Chris Siu, Clarence L Granger, David T Ibnale, Emily M Liggett, Jacqueline A Seto, James P Scholhamer, Joan Sterling, Leonid Mezhvinsky, Paul Yoonku Cho, Sheri Savage, Thomas T Edman, Vijayan S Chinnasami and William Joe Williams.
View institutional ownership trends
.

How do I buy shares of Ultra Clean?

Shares of UCTT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ultra Clean's stock price today?

One share of UCTT stock can currently be purchased for approximately $33.28.

How much money does Ultra Clean make?

Ultra Clean (NASDAQ:UCTT) has a market capitalization of $1.51 billion and generates $2.10 billion in revenue each year. The semiconductor company earns $119.50 million in net income (profit) each year or $1.75 on an earnings per share basis.

How many employees does Ultra Clean have?

The company employs 7,066 workers across the globe.

When was Ultra Clean founded?

Ultra Clean was founded in 1991.

How can I contact Ultra Clean?

Ultra Clean's mailing address is 26462 CORPORATE AVENUE, HAYWARD CA, 94545. The official website for the company is www.uct.com. The semiconductor company can be reached via phone at (510) 576-4400, via email at investors@uct.com, or via fax at 510-576-4401.

This page (NASDAQ:UCTT) was last updated on 8/18/2022 by MarketBeat.com Staff

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